Fonar Stock Total Debt
| FONR Stock | USD 16.44 0.01 0.06% |
Fonar fundamentals help investors to digest information that contributes to Fonar's financial success or failures. It also enables traders to predict the movement of Fonar Stock. The fundamental analysis module provides a way to measure Fonar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fonar stock.
As of 11/22/2024, Total Debt To Capitalization is likely to drop to 0.0007. Fonar | Total Debt |
Fonar Company Total Debt Analysis
Fonar's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Fonar Total Debt | 41.68 M |
Most of Fonar's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fonar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Fonar Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Fonar is extremely important. It helps to project a fair market value of Fonar Stock properly, considering its historical fundamentals such as Total Debt. Since Fonar's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fonar's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fonar's interrelated accounts and indicators.
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Fonar Total Debt Historical Pattern
Today, most investors in Fonar Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fonar's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Fonar total debt as a starting point in their analysis.
Fonar Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Fonar Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Fonar has a Total Debt of 41.68 M. This is 98.49% lower than that of the Health Care Equipment & Supplies sector and 97.61% lower than that of the Health Care industry. The total debt for all United States stocks is 99.22% higher than that of the company.
Fonar Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fonar's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fonar could also be used in its relative valuation, which is a method of valuing Fonar by comparing valuation metrics of similar companies.Fonar is currently under evaluation in total debt category among its peers.
Fonar Current Valuation Drivers
We derive many important indicators used in calculating different scores of Fonar from analyzing Fonar's financial statements. These drivers represent accounts that assess Fonar's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fonar's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 140.0M | 116.9M | 101.2M | 113.6M | 109.3M | 62.9M | |
| Enterprise Value | 138.9M | 107.1M | 90.7M | 99.4M | 94.6M | 60.6M |
Fonar ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fonar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fonar's managers, analysts, and investors.Environmental | Governance | Social |
Fonar Institutional Holders
Institutional Holdings refers to the ownership stake in Fonar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fonar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fonar's value.| Shares | Brandywine Global Investment Mgmt Llc | 2024-06-30 | 65.7 K | Northern Trust Corp | 2024-09-30 | 36.1 K | Inspire Advisors, Llc | 2024-09-30 | 34.3 K | American Century Companies Inc | 2024-09-30 | 30 K | O'shaughnessy Asset Management Llc | 2024-06-30 | 26.2 K | Corsair Capital Management Llc | 2024-06-30 | 25.7 K | Linden Thomas Advisory Services Llc | 2024-09-30 | 25.4 K | Bank Of New York Mellon Corp | 2024-06-30 | 22.5 K | State Street Corp | 2024-06-30 | 21.6 K | Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 609.8 K | Vanguard Group Inc | 2024-09-30 | 390.3 K |
Fonar Fundamentals
| Return On Equity | 0.0917 | ||||
| Return On Asset | 0.0498 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 82.13 M | ||||
| Shares Outstanding | 6.27 M | ||||
| Shares Owned By Insiders | 2.42 % | ||||
| Shares Owned By Institutions | 49.78 % | ||||
| Number Of Shares Shorted | 9.47 K | ||||
| Price To Earning | 12.10 X | ||||
| Price To Book | 0.56 X | ||||
| Price To Sales | 1.02 X | ||||
| Revenue | 102.88 M | ||||
| Gross Profit | 45.75 M | ||||
| EBITDA | 28.25 M | ||||
| Net Income | 14.1 M | ||||
| Cash And Equivalents | 48.73 M | ||||
| Cash Per Share | 7.31 X | ||||
| Total Debt | 41.68 M | ||||
| Debt To Equity | 0.26 % | ||||
| Current Ratio | 8.01 X | ||||
| Book Value Per Share | 25.71 X | ||||
| Cash Flow From Operations | 14.09 M | ||||
| Short Ratio | 0.49 X | ||||
| Earnings Per Share | 1.40 X | ||||
| Number Of Employees | 520 | ||||
| Beta | 1.19 | ||||
| Market Capitalization | 95.29 M | ||||
| Total Asset | 214.25 M | ||||
| Retained Earnings | (13.62 M) | ||||
| Working Capital | 122.47 M | ||||
| Current Asset | 45.56 M | ||||
| Current Liabilities | 20.61 M | ||||
| Net Asset | 214.25 M |
About Fonar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fonar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fonar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fonar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Fonar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fonar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fonar will appreciate offsetting losses from the drop in the long position's value.Moving against Fonar Stock
| 0.84 | VMD | Viemed Healthcare | PairCorr |
| 0.58 | DOCS | Doximity | PairCorr |
| 0.43 | ITGR | Integer Holdings Corp | PairCorr |
| 0.39 | FOXO | FOXO Technologies | PairCorr |
| 0.34 | VEEV | Veeva Systems Class | PairCorr |
The ability to find closely correlated positions to Fonar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fonar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fonar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fonar to buy it.
The correlation of Fonar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fonar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fonar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fonar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Fonar Stock Analysis
When running Fonar's price analysis, check to measure Fonar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fonar is operating at the current time. Most of Fonar's value examination focuses on studying past and present price action to predict the probability of Fonar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fonar's price. Additionally, you may evaluate how the addition of Fonar to your portfolios can decrease your overall portfolio volatility.